SMC Update Week Ending 6-1-21 Recorded 6-12-21

06/12/2021


Comments (4)
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Optimus
Optimus

Thank you, Peter. Very informative about picking the right offset for one's ticker symbol. We might get another loop and only time will tell. When you get a chance, can you please talk about how you determine the right trailing stop for longs (and shorts for that matter) using the software?
I just got the software and it's really wonderful and recommend it to others (I had no problem setting it up). For now, as we are reaching new ATH, I will look to lighten up my aggressive holdings.

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jwkim33366
jwkim33366

Thanks Peter! I have been using the $NDX.X symbol for my offsets so I was very interested when I saw you use the $NDX.X (D) symbol. How does that differ? I cannot seem to get my program to pull up that chart when I use that symbol? Any advice would be appreciated, thanks!

daniel039209
daniel039209

Do you see the market more bearish now versus the Feb/March '21 period? And what would be a trigger to act on a bearish view, if you havent already?

Peter Eliades
Peter Eliades

jwkim33366 said:

Thanks Peter! I have been using the $NDX.X symbol for my offsets so I was very interested when I saw you use the $NDX.X (D) symbol. How does that differ? I cannot seem to get my program to pull up that chart when I use that symbol? Any advice would be appreciated, thanks!

JW, the (D) at the end of the symbol simply means the quotes are delayed. It is exactly the same symbol otherwise...

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